Title 44 — Public Printing and DocumentsRelease 119-73
§2306 Investment of funds
Title 44 › Chapter CHAPTER 23— - NATIONAL ARCHIVES TRUST FUND BOARD › § 2306
Summary
The Secretary must take money or securities given to the Board and invest or hold them as the Board directs. The Board cannot run a business or vote those assets, and investments must be ones a D.C. trust company could legally make unless the gift or will allows otherwise; investments the Board accepted may be kept.
Full Legal Text
Title 44, §2306
Public Printing and Documents — Source: USLM XML via OLRC
The Secretary of the Treasury shall receipt for moneys or securities composing trust funds given or bequeathed to the Board and shall invest, reinvest, and retain the moneys or securities as the Board from time to time determines. The Board may not engage in business or exercise a voting privilege which may be incidental to securities in such trust funds, nor may the Secretary of the Treasury make investments for the account of the Board which could not lawfully be made by a trust company in the District of Columbia, unless directly authorized by the instrument of gift or bequest under which the funds to be invested are derived, and may retain investments accepted by the Board.
Legislative History
Notes & Related Subsidiaries
Historical and Revision Notes
Based on 44 U.S. Code, 1964 ed., § 300dd (July 9, 1941, ch. 284, § 4, 55 Stat. 581).
Reference
Citations & Metadata
Citation
44 U.S.C. § 2306
Title 44 — Public Printing and Documents
Last Updated
Apr 6, 2026
Release point: 119-73